Over 30 years of retirement, Kelly Gorbitz would collect as much as $4.15 million, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes Kelly Gorbitz received $87,186 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Kelly Gorbitz will have already received $176,988 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.